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About this home
Great investment opportunity! This is a 2 unit, upper and lower. The lower unit has 3 bedrooms, 1 full bath, kitchen, dining room, living room and laundry room. Upper unit has 3 bedrooms, 1 full bath, kitchen with dining area, family room and laundry room. Both units have replacement windows and all fresh paint. All little repairs and maintenance have been completed so this property is TURNKEY! Ready for the new owners to move in and rent 1 unit or rent both.
South West Area Neighbors, located between the Grand River and US-131, is a residential and industrial Grand Rapids neighborhood with a working-riverfront edge and a patchwork of older blocks. The neighborhood’s character concentrates around Bridge Street NW near Seward Avenue NW, where breweries, taquerias, and small storefronts meet warehouse backdrops. Housing mixes modest early-20th-century homes with newer infill and converted commercial buildings. The river and rail corridors shape the street grid and sightlines. Anchor venues such as New Holland Brewing – The Knickerbocker, The Mitten Brewing Company, and the Bridge Street Market set a local, walkable rhythm.
Provided by Walk Score and Local Logic
Market insights
112 Gold Ave SW · $274,900
DAYS ON MARKET
1 days
The average home goes pending in 6 days.
SALE-TO-LIST
102.0%
Most homes are selling 2% above list price.
LIST PRICE
$274,900
Median sale price in this area is $370,516. (35% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Upper and lower units with separate heating systems
In-unit laundry
Basement
Bedrooms
Two 3-bedroom units (one upper, one lower)
Bathrooms
Each unit has 1 bathroom
Laundry & utility
Washer/dryer hookup in each unit
Heating & cooling
Forced air heating
Natural gas available
Space heater(s)
Exterior features
Paved road access
Sidewalks
Home design
Multifamily residential income property
Parking
Unpaved parking for 2 vehicles
Construction
Vinyl siding
Composition roof
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Financial info
Property operated as residential income with two rentable 3-bedroom units
Electricity and solar
View estimated energy costs and solar savings for this home
Freshly Painted 2 Unit Located Close To Gvsu Downtown. 3 Bedroom Units Boast New Windows, 1 Year Old Carpet, New Electric Service And More. Great Neighbors And Would Be Excellent Owner Occupied Building Or Perfect For Students. This Is A Fine Property Ready For A New Owner.
Public Records
Jan 14, 2005
Sold
$22,700
$9/sq ft
Public Records
Jan 14, 2005
Sold
$56,050
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,361 (+2.7%)
2024
$1,326 (+4.6%)
2023
$1,268 (+5.4%)
2022
$1,203 (+2.6%)
2021
$1,172 (−0.4%)
2020
$1,177 (+1.5%)
2019
$1,160 (+3.2%)
2018
$1,124 (+2.5%)
2017
$1,097 (−0.5%)
2016
$1,102 (+5.0%)
2015
$1,050 (+2.2%)
2014
$1,027
Public record
Public record
Zoning
Permits
Beds
6
Baths
2
Stories
2
Lot width
50 ft.
Lot depth
122 ft.
Lot size
6,100 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,462
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,462
Year built
1885
Style
Single Family Residential
County
Kent County
APN
41-13-25-307-004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
TN-LDR
Traditional Neighborhood-Low-Density Residential District
The TN-LDR District is intended to protect established development patterns, consisting predominantly of medium-low density residential development in the form of detached single-family houses and two-family dwellings sited on individual lots. Pockets of medium- to high-density residential development are generally found along transit routes, near to business districts and along major streets. The redevelopment of sites shall remain consistent with this pattern of development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Infrastructure
Library
Golf related
Communications tower
Cemetery
Park & open space
Feb 10, 2023 • Final
Water-sewer inspection and tap
Replace the water service line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Grand Rapids, MI • 49504
Average low and high temperatures (°F)
28
17
35
21
51
31
61
41
69
47
81
61
86
67
82
63
79
56
66
45
49
36
35
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 112 Gold Ave SW
$274,208
$692 under list price of $275K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $295K.